Civic Intelligence

Medina Academy

990 • Fiscal year 2016 • EIN 91-2070446

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

16242 Northup WayBellevue, WA 98008

(425) 497-8848

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.14x

Higher debt load relative to assets than 55% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

65th percentile

0.24x

Higher debt load relative to revenue than 65% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

30th percentile

-4.4%

Higher net margin than 30% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

69th percentile

$99,766

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

30th percentile

-2.9%

Faster asset growth than 30% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

56th percentile

5.1%

Faster revenue growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$3,101,363

Down $92,356 (-2.9%) from 2015

Net Assets

Down

$2,673,172

Down $73,100 (-2.7%) from 2015

Liabilities

Down

$428,191

Down $19,256 (-4.3%) from 2015

Revenue

Up

$1,798,588

Up $87,876 (+5.1%) from 2015

Expenses

Up

$1,877,395

Up $149,550 (+8.7%) from 2015

Net Income

Down

-$78,807

Down $61,674 (-360%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $1,751,770Liabilities 2010: $87,623Net Assets 2010: $1,664,1472010Assets 2011: $2,692,086Liabilities 2011: $638,708Net Assets 2011: $2,053,3782011Assets 2012: $3,193,910Liabilities 2012: $804,151Net Assets 2012: $2,389,7592012Assets 2013: $3,280,134Liabilities 2013: $671,642Net Assets 2013: $2,608,4922013Assets 2014: $3,307,963Liabilities 2014: $545,151Net Assets 2014: $2,762,8122014Assets 2015: $3,193,719Liabilities 2015: $447,447Net Assets 2015: $2,746,2722015Assets 2016: $3,101,363Liabilities 2016: $428,191Net Assets 2016: $2,673,1722016Assets 2017: $3,015,082Liabilities 2017: $193,864Net Assets 2017: $2,821,2182017Assets 2018: $3,022,692Liabilities 2018: $133,361Net Assets 2018: $2,889,3312018Assets 2019: $3,004,396Liabilities 2019: $113,345Net Assets 2019: $2,891,0512019Assets 2020: $3,795,717Liabilities 2020: $734,878Net Assets 2020: $3,060,8392020Assets 2021: $3,457,344Liabilities 2021: $736,104Net Assets 2021: $2,721,2402021Assets 2022: $3,954,170Liabilities 2022: $442,144Net Assets 2022: $3,512,0262022Assets 2023: $3,945,404Liabilities 2023: $314,973Net Assets 2023: $3,630,4312023Assets 2024: $5,802,125Liabilities 2024: $19,480Net Assets 2024: $5,782,6452024

Highlighted filing

2016

Assets$3,101,363
Liabilities$428,191
Net Assets$2,673,172

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $820,6042010Revenue 2011: $1,416,284Expenses 2011: $1,032,353Net Income 2011: $383,9312011Revenue 2012: $1,624,558Expenses 2012: $1,287,577Net Income 2012: $336,9812012Revenue 2013: $1,601,581Expenses 2013: $1,382,848Net Income 2013: $218,7332013Revenue 2014: $1,709,057Expenses 2014: $1,514,219Net Income 2014: $194,8382014Revenue 2015: $1,710,712Expenses 2015: $1,727,845Net Income 2015: -$17,1332015Revenue 2016: $1,798,588Expenses 2016: $1,877,395Net Income 2016: -$78,8072016Revenue 2017: $2,160,357Expenses 2017: $2,012,311Net Income 2017: $148,0462017Revenue 2018: $2,124,970Expenses 2018: $2,056,857Net Income 2018: $68,1132018Revenue 2019: $2,246,052Expenses 2019: $2,244,332Net Income 2019: $1,7202019Revenue 2020: $2,290,780Expenses 2020: $2,120,800Net Income 2020: $169,9802020Revenue 2021: $1,768,878Expenses 2021: $2,108,477Net Income 2021: -$339,5992021Revenue 2022: $2,872,687Expenses 2022: $2,537,153Net Income 2022: $335,5342022Revenue 2023: $2,873,578Expenses 2023: $2,863,407Net Income 2023: $10,1712023Revenue 2024: $5,217,895Expenses 2024: $3,337,305Net Income 2024: $1,880,5902024

Highlighted filing

2016

Revenue$1,798,588
Expenses$1,877,395
Net Income-$78,807
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$1,798,588
Mission and Program Overview

Mission

Medina academy is an educational institution providing the highest quality academics in an enriching and nurturing environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,129,128$3,041,672▼ $87,456
Loans From Officers Directors$145,000$145,000→ $0
Cash and Non-Interest-Bearing Accounts$57,591$52,691▼ $4,900
Total Assets$3,193,719$3,101,363▼ $92,356
Other Assets Total$7,000$7,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$269,780$249,780▼ $20,000
Other Liabilities$32,667$33,411▲ $744
Total Liabilities$447,447$428,191▼ $19,256
Net Assets / Fund Balance
Unrestricted Net Assets$2,746,272$2,673,172▼ $73,100
Total Net Assets Fund Balance$2,746,272$2,673,172▼ $73,100
Total Liabilities and Net Assets / Fund Balance$3,193,719$3,101,363▼ $92,356

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,460,979$441,101$2,902,080
Land$544,522-$544,522
Other Land Buildings$36,171$51,358$87,529
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert MondPrincipalFT$99,766$99,766

Board Members and Trustees

NameTitle
Omar MaabrehPresident
Abdul S SaitDirector
Amani RashidDirector
Baian BaianonieDirector
Osama HamdanSecretary
Hazim MackyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$202,262
Program Service Revenue
$1,588,763
Investment Income
$0
Other Revenue
$7,563
All Other Contributions
$202,262
Change in Net Assets
$-78,807
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,399,286
Other Expenses$478,109
Total Fundraising Expense$1,065
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$891,414$297,139-$1,188,553
Occupancy$183,295$61,098-$244,393
Current Officers, Directors, Trustees, and Key Employees$74,825$24,941-$99,766
Payroll Taxes$73,278$24,426-$97,704
Depreciation Depletion$65,592$21,864-$87,456
All Other Expenses$12,141$4,043-$16,184
Other Employee Benefits$9,947$3,316-$13,263
Office Expenses$7,338$2,446-$9,784
Information Technology$5,393$1,797-$7,190
Insurance$2,997$999-$3,996
Fees for Services Accounting-$3,699-$3,699
Fees for Services Other$1,144$381-$1,525
Other Expenses$6,793-$1,065$1,065
Fees for Services Legal$317$106-$423
Interest$101--$101
Advertising$68$22-$90
Total Functional Expenses$1,430,053$446,277$1,065$1,877,395
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$145,000$145,000→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$33,411
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is emailed out to the governing board and review feedback is sought before a specified date.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Medina Academy
EIN
91-2070446
Phone
4254978848
Address
16242 NORTHUP WAY, BELLEVUE, WA 98008

Signing Officer

Name
Erum Sultan
Title
Treasurer
Phone
4254978848
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erum Sultan
Formed
1999
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
6
Employees
69
Volunteers
6

Preparer

Firm
Jacobson Jarvis & Co Pllc
Address
200 FIRST AVE WEST SUITE 200, SEATTLE, WA 98119-4219
Preparer
Howard Donkin CPA
Phone
2066288990
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01588763
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02460979
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0441101
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02902080
IRS990ScheduleD/LandGrp/BookValueAmt0544522
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0544522
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt036171
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt051358
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt087529
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033411
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03041672
IRS990ScheduleD/TotalLiabilityAmt033411
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NONDISCRIMINATION POLICY IS PUBLICIZED THROUGH NEWSPAPER ADVERTISEMENTS AND INCLUDED IN THE SCHOOL BROCHURES AND STATED IN ADMISSION MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0125000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt120000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0MEET FUNDS REQUIREMENT FOR SCHOOL BUILDING PROJECT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1MEET FUNDS REQUIREMENT FOR SCHOOL BUILDING PROJECT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt032000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt111000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0OMAR MAABREH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1MAHMOOD QADIR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1FORMER BOARD TREASURER (2010)
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/TotalBalanceDueAmt0145000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS EMAILED OUT TO THE GOVERNING BOARD AND REVIEW FEEDBACK IS SOUGHT BEFORE A SPECIFIED DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03193719
IRS990/TotalAssetsEOYAmt03101363
IRS990/TotalAssetsGrp/BOYAmt03193719
IRS990/TotalAssetsGrp/EOYAmt03101363
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0202262
IRS990/TotalEmployeeCnt069
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01065
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0446277
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01430053
IRS990/TotalFunctionalExpensesGrp/TotalAmt01877395
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0447447
IRS990/TotalLiabilitiesEOYAmt0428191
IRS990/TotalLiabilitiesGrp/BOYAmt0447447
IRS990/TotalLiabilitiesGrp/EOYAmt0428191
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02746272
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02673172
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01430053
IRS990/TotalProgramServiceRevenueAmt01588763
IRS990/TotalReportableCompFromOrgAmt099766
IRS990/TotalRevenueGrp/ExclusionAmt07563
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01588763
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01798588
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03193719
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03101363
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02746272
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02673172
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt016242 NORTHUP WAY
IRS990/USAddress/CityNm0BELLEVUE
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098008
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.MEDINAACADEMY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERUM SULTAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04254978848
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEDINA ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0MEDI
ReturnHeader/Filer/EIN0912070446
ReturnHeader/Filer/PhoneNum04254978848
ReturnHeader/Filer/USAddress/AddressLine1Txt016242 NORTHUP WAY

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.80$0.02$5.78$5.22$3.34$1.88
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.95$0.31$3.63$2.87$2.86$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$0.44$3.51$2.87$2.54$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.46$0.74$2.72$1.77$2.11$0.34
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$0.73$3.06$2.29$2.12$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$0.11$2.89$2.25$2.24$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.13$2.89$2.12$2.06$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.19$2.82$2.16$2.01$0.15
2016Detailed filing. Detailed filing data is available for this year.$3.10$0.43$2.67$1.80$1.88$0.08
2015Detailed filing. Detailed filing data is available for this year.$3.19$0.45$2.75$1.71$1.73$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.31$0.55$2.76$1.71$1.51$0.19
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$0.67$2.61$1.60$1.38$0.22
2012Summary only. Only limited summary data is available for this year.$3.19$0.80$2.39$1.62$1.29$0.34
2011Summary only. Only limited summary data is available for this year.$2.69$0.64$2.05$1.42$1.03$0.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.09$1.66$0.82